NFL futures betting allow you to predict things like the Super Bowl winner months before the game is played and offer big time payouts if you make the right picks.
Most NFL bets are focused on single game winners but NFL futures bets allow you to bet on season-long events like the Super Bowl winner, conference championship winner, and division winner. Some New Jersey sportsbooks also let you bet on which player will win the most valuable player award or whether the the Chiefs will win more than 11 games or whether the Jaguars will make the playoffs.
The great thing about futures bets is that they can offer huge payouts, especially if you are early on an underdog team that is about to make a championship run. Of course, unlike single game bets, these wagers can take months to resolve. Here is a quick primer on how to bet on NFL futures and the betting options offered at New Jersey’s online sportsbooks.
NFL Super Bowl 2020 Champions
|San Francisco 49ers||+100||+104||+100||+102||+100||+108||+105||+104|
|Kansas City Chiefs||-120||-127||-120||-116||-120||-122||-125||-127|
AFC Champions 2020
|Kansas City Chiefs||370||-360||-350||-340||-360||-360||-355||-360|
NFC Champions 2020
|San Francisco 49ers||-323||+-315||-330||-310||-330||-315||-315||-325|
|Green Bay Packers||+250||+245||+270||+260||+260||+245||245||+255|
How to Bet on NFL Futures
Sportsbooks typically have a list of available futures bets that are separate from their single-game offerings. In cases like which team will win the NFC championship, you may see a long list that looks like this:
Los Angeles Rams +400
New Orleans Saints +400
Chicago Bears +700
Minnesota Vikings +1000
San Francisco 49ers +1600
All futures bets are presented with a moneyline, which is the ratio between your initial wager and the possible payout. In this case, the Rams and Saints are heavily favored to win the title so a $100 bet on either team would pay out $400 if they make the Super Bowl. If the 49ers manage to make a run, your $100 bet would win you a whopping $1600.
Other NFL futures bets may be listed like this:
Regular season wins — Minnesota Vikings
Over +9.0 (-120)
Under +9.0 (+115)
In this case, the Vikings are slightly favored to win more than 9 games. You would have to bet $120 to win $100 if the Vikings win 10 or more games. Nine wins would be push, so you would get your money back. If the Vikings finish with 8 or fewer wins, your $100 bet would win $115.
Other futures bets may be listed as a question:
Will the Seattle Seahawks make the playoffs?
In this case, the Seahawks are unlikely to make the postseason so you would have to bet $175 to win $100 if they don’t make it. A $100 bet would win you $125 if they do.
Super Bowl Futures
Super Bowl futures are the most popular type of futures bet and can pay off in a big way. In single game bets, heavy favorites usually don’t pay out much but futures bets are so unpredictable that even heavy favorites like the New England Patriots offer a high payout. A preseason $100 bet on the Pats to win the Super Bowl would pay out up to $700 if they pull it off while a bet on a dark horse like the New York Jets would pay out a cool $5,000.
Super Bowl futures can take months to resolve but this also creates added opportunities. The odds of teams winning the Super Bowl change every week based on team performance and other factors. That means you can wait for a better deal to come along or even shop around at multiple sportsbooks to see which one offers the most favorable odds for your pick.